Tuesday, May 13, 2014



IWS Documented News Service


Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau


This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html






[full-text, 16 pages]


Supplemental Files Table of Contents




U.S. import prices fell 0.4 percent in April following a 0.4-percent advance the previous month, the U.S.

Bureau of Labor Statistics reported today. Declining fuel prices drove the April decrease. U.S. export prices

decreased 1.0 percent in April, after rising 1.0 percent in March.




All Imports: Import prices declined 0.4 percent in April, after increasing 1.8 percent in the first quarter of

2014. The April drop was the first monthly decrease since the index fell 0.9 percent in November 2013.

Import prices also fell 0.3 percent over the past 12 months and have not recorded a year-over-year advance

since the index increased 0.9 percent from July 2012 to July 2013.  


Fuel Imports: Fuel prices declined 1.7 percent in April, the first decrease for the index since a 4.2-percent

drop in November 2013. Falling prices for both petroleum and natural gas contributed to the April drop in

import prices. Overall fuel prices advanced 1.3 percent for the year ended in April driven by rising prices for

both petroleum and natural gas. Petroleum prices declined 0.7 percent in April following a 5.5 percent

increase over the previous 3 months. Prices for petroleum ticked up 0.1 percent over the past year, the first

overall advance since a 1.1-percent rise for the year ended in September 2013. The price index for natural

gas fell 18.5 percent in April following a 6-month period between September 2013 and March 2014 when

the index jumped 157.8 percent. Despite the downturn in April, natural gas prices increased 41.1 percent

over the past 12 months.        


All Imports Excluding Fuel: The price index for nonfuel imports recorded no change in April, after rising

0.3 percent in March. Prices for nonfuel imports decreased 0.7 percent over the past year led by lower prices

for nonfuel industrial supplies and materials, automotive vehicles, and capital goods. The price indexes for

foods, feeds, and beverages and consumer goods rose between April 2013 and April 2014, up 4.2 percent

and 0.2 percent, respectively.


AND MUCH MORE...including TABLES....



This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.










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